Hikal promoters detail family arrangement details to bourses
Hikal promoters have submitted family arrangement deeds from 1993 and 1994, signed by Kalyani family members, to comply with Sebi’s disclosure requirements. The documents are part of an ongoing legal battle for control between Hikal’s promoters, Sugandha and Jai Hiremath, and Baba Kalyani of Bharat Forge.
Hikal promoters have submitted family arrangement deeds from 1993 and 1994, signed by Kalyani family members, to comply with Sebi’s disclosure requirements. The documents are part of an ongoing legal battle for control between Hikal’s promoters, Sugandha and Jai Hiremath, and Baba Kalyani of Bharat Forge.
